Wednesday, January 14, 2009

Market View 14 Jan 2009

Yet again, US is down marginally, so how
will our market react?

Yesterday, I mentioned that there will be
buying-strength coming in and buy-up the
Hot stocks. Indeed, there are, but not as strong
as I expected, and the buying falter out,
with the bear took over.

We should have resumed-buying today,
but not on all stocks, only a handful of selected
few. Ezra, Olam, Yanlord & Swiber are good-picks,
while I am eyeing for enough strength for stocks like
Cosco, Noble, Straits Asia. They are currently weak in
the TA chart, so I need to see some liquidity and volume
coming in, before putting money on the line.
As always, practice strict money management.

If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

1 comment:

  1. Hi Stock Lobang,

    Thanks for your tips on OLAM. Manage to ake some beer money buying 5 lots at 1.30 and selling at 1.35

    Rgds
    Sean Lau :-)

    ReplyDelete